Health Consciousness Drive Baby Food Market Growth
Released on = August 3, 2006, 2:50 am
Press Release Author = RNCOS
Industry = Food & Beverage
Press Release Summary = Parents concerned for safe food are increasingly opting for
organic baby foods for their children, and they are ready to pay the premium price
attached to the items.
Press Release Body = As people all over the world become more conscious about their
general health and with the increasing concern of today's parents for consumption of
safe food there has been a new impetus to the organic baby food market. The niche
world baby food market of few years back has now become established worldwide baby
food market especially in Europe, which has captured a large market share from the
inorganic baby food market.
While the organic baby food market across the globe is still in its growing stage,
countries like UK and USA have already made a considerable mark in this market.
Parents who are aware of the reduced health risks from organic baby food because
they are not exposed to pesticides and other chemicals are ready to pay the price
tagged with these foods.
The growth in organic food market provides retailers with increased opportunities to
introduce store label or own-brand organic products. These opportunities are more
prominent in the emerging Asian markets.
In its recent market research report, "Baby Food Market Industry (2006)" RNCOS
estimates that while in 2003 the worldwide baby food market was worth $9.5 billion,
it increased to $21 billion in 2005. The report also informs that USA, China and UK
are the top three consumers in the baby food industry in the world.
It is also found that the major world baby food market product segments are the
organic baby milk and organic strained baby foods. Sale of organic baby milk was
544% between 2003 and 2004, which went up impressively by 271% in 2005. And organic
strained food reached a high or 8% in 2004, and 18% in 2005.
The market research report highlights the following:
-- The current world baby food market scenario.
-- The future growth prospects of the market.
-- The situation and impact analysis of the baby food market.
-- The success of the baby food market.
-- The comparison of the different companies' position in this market.
The report provides an updated insight about the worldwide baby food market. The
report serves as a useful analysis to a company desirous to increase its target
consumers.
About RNCOS:
RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.
To purchase your copy: http://www.rncos.com/Report/IM049.htm
For more information about the report please visit www.rncos.com
Web Site = http://www.rncos.com
Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial area, Delhi 92
91-11-4214-1229
info@rncos.com